We’ve Crossed The Tipping Point; Most Americans Now Receive Government Benefits – G.G. o o o Items from Mr. Econocobas: Since 1990, Real Rents Are Up 15% While Median Incomes Are Unchanged NIRP Strikes: Spain To Create Tax On Bank Deposits 18 Signs That The Global Economic Crisis Is Accelerating As We Enter The Last Half Of 2014 How Few Wall Street-Backed Firms Manipulated The Entire US Housing Market
Welcome to SurvivalBlog’s Precious Metals Month in Review, where we take a look at “the month that was” in precious metals. Each month, we cover the price action of gold and silver and examine the “what” and “why” behind those numbers. Precious Metals Market Drivers in June Gold started the month under $1,250 an ounce, and climbed over $70 to above $1,320 by the end of the month. Silver gained steadily throughout June, from under $19 an ounce to over $21. Platinum and palladium saw peaks and valleys, due to the on-again, off-again labor negotiations in South Africa that had …
These Are The 5 Countries Most Plagued by Oil Theft o o o The BRICs Are Morphing Into An Anti-Dollar Alliance – J.W. o o o Items from Mr. Econocobas: Gold Posts Longest Rally Since 2011, Defying Goldman View Auto Sales Close To Hitting The Brakes World Bank ‘Now Is The Time To Prepare For Next Crisis’ Starting Today Interest On New Student Loans Rises By 20%
Court Ruling Issues Setback To Fracking In NY – J.S. o o o Bitcoin for Oil? The Latest Threat to the Petrodollar System o o o Items from Mr. Econocobas: Why Investors Are Anxious About The Jobs Report Payrolls To Test Gold’s Resilience After Gains In Dry California, Water Fetching Record Prices Mortgage Volume Remains Stuck Despite Lower Rates
The Federal Reserve is a Law Unto Itself o o o Items from Mr. Econocobas: Inside The Q1 GDP Bust: The Details Are Mostly Bad No Inflation Thanks to ObamaCare Video: Downward Spiral: What To Expect When Savers Are Punished The Message In The Q1 GDP Shock: Massive Windfalls For The 1%; Hardly 1% Growth For The Masses
Why The COMEX Is Corrupt o o o Items from Mr. Econocobas: Stone Cold Proof That Government Economic Numbers Are Being Highly Manipulated U.S. Economy Collapses In First Quarter Why Financial Reporters Are Clueless: They Copy And Paste Keynesian/Wall Street Propaganda The Keynesian End Game Is Near: No Escape Velocity This Year, Either
10 everyday things getting slammed by inflation – G.G. o o o Items from Mr. Econocobas: Rising Debt Payments Pressure Argentina to Solve Crisis Why Silver’s Outperforming Gold and Isn’t Done Yet Japan Prices Rise Most Since ’82 on Tax, Utility Fees: Economy Why Government Pension Funds Became Addicted to Risk
Stone Cold Proof That Government Economic Numbers Are Being Highly Manipulated – B.B. o o o Feds Auction 30,000 Bitcoins Seized in Silk Road Raid. – JBG o o o The Slip ‘n’ Fail Mutts o o o A New Recession and a New World Devoid of Washington’s Arrogance?. – B.B.
Hugh, What JM is describing is a Pawn Shop. I owned and operated one for five years. A pawn shop is the “Bank” for the 20 percent (maybe more now) people in the lowest economic strata. The description of the building and accoutrements to do business as JM sees it will not be cheap to acquire, so if your plan is “You won’t be able to act as our current-day, money-grubbing, greedy banksters do.” You might not be able to stay in the business of helping people. Pawn shops in Idaho, Texas, Florida, and some other states allow interest of …
US regulators close small bank in Oklahoma. – G.G. o o o Iraq About US Dollar, Hyperinflation Trouble in 2015-Gordon Long o o o Money: How the Destruction of the Dollar Threatens the Global Economy — and What We Can Do about It o o o Old, broke, and financially unprepared for retirement: Many older Americans are simply unprepared for the costs associated with retirement.
This podcastwith accompanying chart slides is excellent and highly recommended. It explains how QE never really ended (and who might be behind the “mysterious buying” of Treasurys.) It also explains why stock prices keep rising. ~Jim~ o o o 15min Video: ‘America Has Ceased to Exist’: Investment Guru Doug Casey on the Coming Economic Meltdown – B.B. o o o The Obamacare Failure No One’s Talking About o o o The United States of … Europe? o o o Argentina’s debt fight: What it is, why it matters
US Economy Shrinks By 2.9% – The Most Since Great Recession o o o Items from Mr. Econocobas: Seattle $15 Wage Plan Is Unfair to Me Interest Rates Are Setting Up for a Surprise Move? Dollar Falls on Yellen Rates Pledge Amid Mixed Economy Germany Gives Up On Trying To Repatriate Its Gold, Will Leave It In The Fed’s “Safe Hands” Germany Still Wants Gold Back – Repatriation Campaign Continues
Rising Wages, Rising Costs. o o o The Bond Trap – G.G. o o o Items from Mr. Econocobas: The Junk Bomb Ticking Beneath The S&P 500 Peter Schiff: The Bond Trap Video Included: Japan’s Abe Unveils ‘Third Arrow’ of Reforms
Shhh. Don’t Wake Congress. Let Them Sleep Through the Next Wall Street Crash – P.K. o o o Items from Mr Econocobas: One in Four Americans Has No Emergency Savings Argentine Stocks Soar On Possible Debt Negotiations Americans Are Getting Into Debt To Afford Food, Gas The Fed’s “Noisy” Inflation Fantasy
The Fed’s Illusion of Prosperity is Breaking Down o o o Oddly enough, Obama’s bungling and greed over collecting tax dollars may be what finally collapses the dollar as the world reserve currency. This law basically tells foreign banks that if they have U.S. customers or transactions in U.S. dollars, they must share all information with the IRS or completely divest themselves of U.S. dollars. Secret Tax Could Collapse Dollar – B.B. o o o 16 Reasons Why We Are Collapsing As A Nation – D.B. o o o Items from Mr Econocobas: Gold Jumps Most in Nine Months as …